BingX introduces Futures Grid Trading to energize traders during the crypto winter

SINGAPORE, July 21, 2022 /PRNewswire/ — Leading crypto social trading platform BingX is pleased to announce the launch of Futures Grid Trading, having introduced Spot Grid Copy Trading in March. It is available to all registered users so that traders can earn in a more flexible way this crypto winter.

BingX Introduces Futures Grid Trading to Energize Traders in Crypto Winter

As the name suggests, Futures Grid Trading combines grid trading and futures trading, which can bring grid profits to users. the Grid Trading is a quantitative trading strategy that automates the buying and selling of digital assets at predefined intervals around a predefined price range to build trading grids.

These trading grids allow investors to rake in money like a fishnet: by executing low-priced buy and high-priced sell orders during price volatility, the system guarantees a profit whenever the selling price exceeds the buying price, eliminating the need to forecast the market. Additionally, grid futures trading allows traders to use leverage to maximize profits.

Compared to other platforms, BingX offers users greater flexibility by lowering the minimum investment amount. Traders can try Futures Grid Trading with 20 USDT and see how it automatically arbitrates. They can also predefine a stop-loss point to limit the loss on a securities position.

For this quarter, part of BingX’s strategic direction is to provide users and traders with a better trading environment and new tools that facilitate profitability. We are also further simplifying the trading process so that they can employ new trading tactics that allow them to win, especially given the current market situation.Director of Global Communications and Public Relations, Elvisco Carrington

This new feature will be available on both the BingX app and desktop computers. It allows traders to keep an eye on the market all day by making strategic, informed and rational trading decisions on their behalf. To encourage traders to make money with smart tools, BingX is set to launch a campaign to cover all traders’ losses when they first trade on the futures grid.

Security is always a top priority for BingX. Since the start of the second quarter of 2022, the entire crypto market has been on a bearish trend. Three Arrows Capital’s bankruptcy filing set off a downward spiral that hurt many crypto investors. In the face of this severe turbulence, BingX remains faithful to its mission of protecting users’ assets. Under no circumstances will BingX cover user funds in risky investments.

BingX is committed to providing more innovative and cutting-edge features and services to meet the different business and social needs of users. To optimize the investment experience and maximize users’ profits, BingX is always on the move.

About BingX

Founded in 2018, is a global digital asset, spot and derivatives trading platform that offers an open, user-centric ecosystem with intuitive social trading features. Created to enrich the entire cryptocurrency industry, BingX is a safe, reliable and friendly place where users can trade their favorite assets such as SafeLight, Elongate, Whiteheartand AAVE. It is a digital asset, spot and derivatives trading platform that offers an open, user-centric ecosystem with intuitive social trading features. Novice traders can make CopyTrade and learn from over 3,000 professional traders on BingX. Today, BingX holds four operating licenses in the regions of EU, US, Canada and Oceania. BingX is a safe, reliable and user-friendly place where users can trade digital assets.

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